Russian truck market has shrunk by 16.5% in May 2014

Russian truck market has shrunk by 16.5% in May 2014

Avtostat – Approximately 4700 16+ tonnes new trucks have been sold in Russia in May (-16.5%). Thereby, the number of trucks sold within the first months of the year has reached 25,600 (-16.2%).

KamAZ has become the market leader in May with a sales figure of 1840 vehicles (-14.6%). The second place is occupied by MAZ (-5.5%). The top-two are followed by Scania, with 500 vehicles (0%). The sales figures for MAN and Volvo are: 300 (-26.4%) and 230 (-44.8%), respectively. The other brands are ranked as follows: Ural – 200 vehicles (-4.7%), Mercedes-Benz – 190 (-14.2%), Shaanxi – 150 (-50%), DAF – 120 (-57.9%) and NefAZ – 90 (0%).

Avtostat analyst: Sergei Udalov has made the following comment on the figures: “In the absence of major infrastructure projects, the commercial vehicle market continues to shrink.” Udalov has also drawn attention to the fact that the truck market is more responsive to economic fluctuations, compared to other segments.